Property prices for rent in Baguio (Benguet)

The rent prices in real estate in Baguio, in the Benguet region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

₱ 59,723
Average price last 6 months
₱ 311.04
Price/m² last 6 months
Average price per m2

The price per m² in Baguio has risen strongly during the last 6 months. In February, the average price per m² was ₱ 208.26. In the following month the price per m² fell to ₱ 181.3. The price for the following two months in (April, May) had a considerable rise of 186 %. The price per m² has had a considerable rise of 135 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of ₱ 278.93 to ₱ 375.27 during June, and July.

Average price

When referring to the price in Baguio (cities), this has risen considerably in the last 6 months. The average price during our first sample month during February, is ₱ 48,333. During March the price went through a considerable rise reaching ₱ 72,500. During the following two months (April, May) the average price had a considerable rise of 125 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from ₱ 67,847 to ₱ 43,475, which means a 64 % fall.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of ₱ 38,700 they are 38 % more affordable than the average price for Baguio . The properties with the highest average price have 2 bedrooms, Their price is 39 % more expensive than the average. After that we have properties with 1 bedroom priced at ₱ 35,833.

With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of ₱ 382 / m², with an average ₱ 468.44 / m² price in Baguio. The properties with the most expensive average prices have 2 bedrooms. They are 14 % more expensive than the average followed by properties with 1 bedroom with a price at ₱ 499.28 / m².

Price per property type

The graph displaying the average rent prices displays the property type "House And Lot" as the most affordable one. At an cost of ₱ 38,700 it is 65 % more affordable than the average price in Baguio. "Apartment" is seen as the second most affordable property type. The most affordable property is "Condominium" followed by "Townhouse". At a price of ₱ 23,805 it is 38 % more affordable than the average price.

According to the average cost per m², the most affordable property is "House And Lot" at an average price of ₱ 193 / m² followed by "Apartment" priced at ₱ 203 / m². "Condominium" is the most affordable type of property with a ₱ 382 / m² value followed by "Townhouse" with an average price of ₱ 367 / m².

Charts data
Average price July
Average price per m² July
Number of properties used in Baguio
Number of properties used in region Benguet
₱ 38,700
₱ 468.44
80
80
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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